Bull Market Phase

Definition ∞ A bull market phase is a period in financial markets characterized by rising prices. During this phase, investor confidence is high, leading to increased demand and sustained upward price momentum across various digital assets. This sustained growth often correlates with positive market sentiment and favorable economic conditions. Such periods can see significant capital inflows into cryptocurrency markets.
Context ∞ The current cryptocurrency market often experiences discussions regarding the commencement or continuation of a bull market phase. Analysts closely monitor on-chain metrics and macroeconomic indicators to identify signals of sustained upward price action. Understanding this phase is crucial for interpreting news about asset valuations and investor behavior.